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Friday, March 13, 2015

Carpet dealer Deepak seeks to stop Sabbaruddin’s book from distribution

Deepak Jaikishan is taking legal action against former Bank Rakyat chairman Tan Sri Sabbaruddin Chik over his new book. – The Malaysian Insider filepic, March 12, 2015.Deepak Jaikishan is taking legal action against former Bank Rakyat chairman Tan Sri Sabbaruddin Chik over his new book. – The Malaysian Insider filepic, March 12, 2015.Carpet dealer Deepak Jaikishan has resurfaced to sue Tan Sri Sabbaruddin Chik for RM1.1 billion over the former Bank Rakyat chairman's book about the bank's loan to the businessman who once claimed to act for the prime minister's wife.
Deepak has also filed an injunction to stop the distribution of Sabbaruddin's book, “Exposing the Bank Rakyat and Deepak Loan Scandal”, which was launched in Kuala Lumpur last week.
"I am filing a RM1.1 billion suit on them and the statement of claim has been filed today," the businessman said in a statement to The Malaysian Insider tonight.
In his ex-parte injunction filed on March 6, Deepak named Sabbaruddin and the book's author, Shahbudin Husin, as the defendants. The injunction was filed by the legal firm of Leela A. Sanghrajka and Associates.
The carpet dealer had sought the injunction to stop the two from further printing, publishing, producing or distributing the book that provides Sabbaruddin's version of events leading to him losing the bank chairman's job last May.
His tenure was not renewed by Domestic Trade, Cooperative and Consumerism Datuk Seri Hasan Malek after he refused to approve Deepak's loan repayment plan with 120 cheques postdated across 10 years.
Sabbarudin had said Bank Rakyat would have lost RM14.6 million – in the form of future income and late payment fees – if it had agreed to Deepak’s proposal to repay his loan through postdated cheques.
Deepak's name hit the headlines in 2009, when he was linked to the 2006 murder of Mongolian interpreter Altantuya Shaariibuu by the late private investigator P. Balasubramiam.
Popularly called PI Bala, the former policeman claimed that Deepak was one of two people who forced him to withdraw a sworn declaration linking Altantuya's murder to Prime Minister Datuk Seri Najib Razak.
The other person was one of Najib's brother.
Najib has denied ever knowing Altantuya, who was acknowledged as the girlfriend of Abdul Razak Baginda, a political analyst known to the prime minister.
Razak was acquitted of her murder while two elite police commandos have been convicted and are to hang for the murder.
Deepak made several allegations against Najib and his wife Datin Seri Rosmah Mansor three years ago but vanished from public view before the 2013 general elections.
- TMI

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